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skitahoe

12/31/19 1:38 PM

#257713 RE: Umibe5690 #257648

I think you're right on the money, but I don't believe LP's price has been set too high, I believe she's sent a message to BP as to when she'll be ready to talk to them. Clearly a stock with a market cap under $1 billion can't get a $20 billion buyout, it simply can't happen. When the trial is unblinded and the market cap hopefully goes to a couple billion an interested BP could partner, and in doing so move the market cap up a few more billion. Then further results for DCVax-Direct and anticipation of approval could move the market cap to $10 billion or more, then you've reached a level where a $20 billion buyout might be considered by a BP.

This certainly could happen in the next year or two, it just won't happen immediately after releasing top line data no matter how great it may be.

Happy New Year's,

Gary